WASHINGTON, D.C. (10/28/14)--Almost half of young adults with student loan debt say that debt is hindering them from buying a house, according to a survey by NeighborWorks America (Oct. 22).
While student loan debt can be a concern for many, another new study shows that that for some it isn't interfering with their home-buying plans at all. Four out of 10 millennials still plan to purchase a house within five years (Origination News Oct. 22).
If you're looking to purchase your first home you should understand:
For related information, read "$50 Winner: What Newbie Homeowners Need to Know" in the Home & Family Finance Resource Center.